Let me start out saying I have NO affiliation with them. I found them on hotscripts.com . http://www.isoftscripts.com/mediamax.html I just ran across this script and all I can say is wowzers!! It does the basic tube script functions with a twist. It allows you to put Google adsense ads directly onto the video like Metacafe.com and Revver.com does. I think I'm going to use it for my next tube site!
I was thinking the same thing. Even the player alone is either $99 or $175 depending on which application you're going to try and integrate it with.